Analysts at TD Securities suggest that in the US, Preliminary University of Michigan Sentiment for October will provide and a trio of Fed speakers will share the spotlight.
Key Quotes
“TD looks for the former to print above the market consensus at 101.5 (mkt: 100.5), reflecting some optimism about the resolution on NAFTA and strength in equities, although long-term inflation expectations will also be closely watched.”
“Import prices for September will round out the data flow, with markets looking for a 0.2% advance.”
“Looking to the Fed, we will hear from Evans and Bostic at 9:30 and 12:30 ET; Evans is scheduled to participate in a moderated Q&A on the economy while Bostic’s comments are unlikely to touch on monetary policy. Governor Quarles will speak at 22:30 ET, well after the close.”
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